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Economy

Sales of Foreign Cars Drop 3.5% in June

Written: 2016-07-06 17:13:15Updated: 2016-07-06 18:13:17

Sales of foreign vehicles in South Korea slightly decreased last month despite the government’s cut in excise taxes on cars. The Korea Automobile ...

Economy

KOSPI Plunges on Renewed Brexit Concerns

Written: 2016-07-06 15:31:32Updated: 2016-07-06 19:41:19

The benchmark Korea Composite Stock Price Index(KOSPI) was drastically lower at the close on Wednesday mostly due to foreign selling that was sparked ...

Economy

KDI: Economy Still on Slow Recovery Path

Written: 2016-07-06 13:38:34Updated: 2016-07-06 16:09:49

The Korea Development Institute(KDI) says recent upticks in consumption and construction investment are not strong enough indicators to conclude ...

Economy

KOSPI Snaps Winning Streak on Tuesday

Written: 2016-07-05 15:53:39Updated: 2016-07-05 16:12:40

After recording six straight sessions of gains, the benchmark Korea Composite Stock Price Index(KOSPI) closed lower on Tuesday due to institutional ...

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